News Formal

Minister: Business Licensing Electronic Support System 2.0 improves business application process for foreign companies in Malaysia | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 86%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

PUTRAJAYA, April 14 — The Business Licensing Electronic Support System (BLESS) 2.0 has improved the application process for foreign companies wanting to do business in Malaysia, said Minister of Domestic Trade and Consumer Affairs Datuk Seri Alexander Nanta Linggi. In a statement today, he said...

PUTRAJAYA, April 14 — The Business Licensing Electronic Support System 2.0 has improved the application process for foreign companies wanting to do business in Malaysia, said Minister of Domestic Trade and Consumer Affairs Datuk Seri Alexander Nanta Linggi.

“The Ministry of Domestic Trade and Consumer Affairs remains committed to helping facilitate the business application process in order to attract more quality foreign investments into Malaysia,” he said. According to the minister, between 2020 and 2021, KPDNHEP received a total of 1,280 applications from 573 foreign companies to conduct business in the distribution trade sector in Malaysia, covering retail, distribution, and food and beverage .

Nanta revealed that for the unregulated services sector such as consulting companies, logistics agents, real estate agents, as well as machinery and equipment repair services, the ministry approved 87 out of 149 applications from foreign companies in 2020 and 2021.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

India’s Infosys to exit Russia business | Malay MailMUMBAI, April 13 — Indian software giant Infosys said today it was “transitioning” out of the Russian market following the Ukraine war and conflict of interest accusations levelled at Rishi Sunak, the British finance minister. Sunak’s wife Akshata Murty holds a nearly US$1 billion (RM4.2...
Source: malaymail - 🏆 1. / 86 Read more »

Utilise business tax cuts, finance minister tells MSMEs | Malay MailKUALA LUMPUR, April 14 — Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz has called on entrepreneurs to utilise the business tax cuts provided for in Budget 2022. Referencing the 92nd People’s Financial Report, the minister said the government has announced various tax cuts, including...
Source: malaymail - 🏆 1. / 86 Read more »